Russia Today

Bank of Russia resumes gold buying amid sanctions

The regulator stopped purchasing the precious metal when prices spiked at the onset of the Covid-19 pandemic The Central Bank of Russia announced it is resuming purchases of gold on the domestic market after a two-year pause. The move comes after the regulator and several of the country’s major banks fell under Western sanctions amid…

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Global oil prices soar past $130 per barrel

Crude oil prices jumped to their highest levels since 2008 on Monday, amid fears of a ban on Russian oil imports due to Moscow’s military operation in Ukraine, as well as delays in talks on a nuclear deal with Iran.

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Denmark to hold ‘historic’ referendum on abandoning EU defense opt-out

The Danish PM warned Russia’s offensive in Ukraine has ‘heralded a new era in Europe’ Denmark’s Prime Minister, Mette Frederiksen, announced on Sunday that the country will hold a referendum on June 1 to scrap the opt-out from the European Union (EU) defense policy, declaring that “historic times call for historic decisions.”

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